Definition of receivership in English:

receivership

Syllabification: re·ceiv·er·ship
Pronunciation: /riˈsēvərˌSHip
 
/

noun

  • The state of being dealt with by an official receiver: the company went into receivership last week
    More example sentences
    • Cooney sells equipment for a number of Dublin insolvency practitioners who deal with technology company receiverships or liquidations.
    • That tenant failed to pay the rent and went into administrative receivership in October 1999.
    • The sector provides plenty of work for administrators, with many clubs perennial candidates for receivership.

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